# Banking Sector
Latest news and articles about Banking Sector
Total: 2 articles found
Business
China Merchants Bank’s ‘Overtime Moat’ Sparks Backlash as the Retail King Faces Slower Growth
China Merchants Bank is facing public scrutiny after its Chairman praised an 'overtime culture' as a competitive advantage. This occurs against a backdrop of declining employee pay, a sharp contraction in its flagship credit card business, and mounting regulatory fines for compliance failures.
NeMo2026年3月31日 10:28
#China Merchants Bank#Banking Sector#996 Culture
Business
China’s Gilded Capitals: Why Beijing and Shanghai Are Pulling Ahead in the Great Deposit Race
China's 2025 financial data reveals a widening wealth gap, with Beijing and Shanghai residents holding per capita deposits nearly triple the national average. While total deposit volume remains high, a structural divide has emerged between investment-oriented coastal hubs and the savings-heavy provinces of the interior.
SoBiz2026年3月25日 05:08
#China Economy#Household Deposits#Wealth Gap